China Catalyst (SH:688267)2024-07-17 08:54Financial Performance - The company expects a net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, to be between 78.7 million and 93.7 million yuan, an increase of 44.21 million to 59.21 million yuan compared to the same period last year, representing a year-on-year increase of 128.20% to 171.69%[5] - The projected operating revenue for the first half of 2024 is estimated to be between 360 million and 430 million yuan, an increase of 122.91 million to 192.91 million yuan compared to the same period last year, reflecting a year-on-year growth of 51.84% to 81.37%[11] - The net profit attributable to shareholders of the parent company for the first half of 2024 is expected to be between 85 million and 100 million yuan, an increase of 45.78 million to 60.78 million yuan compared to the same period last year, indicating a year-on-year increase of 116.73% to 154.98%[18] - In the first half of 2023, the company achieved an operating revenue of 237.09 million yuan and a net profit attributable to shareholders of the parent company of 39.22 million yuan[19] Factors Contributing to Performance - The increase in performance is attributed to enhanced market development efforts, increased orders from existing customers, and new product sales contributing to higher revenue[20] - The company has experienced increased production and capacity utilization due to rising market demand, leading to a decrease in fixed cost allocation per unit and an increase in gross margin[20]